Posts Tagged ‘economic growth’

North Korea: a poor country that affords nukes

Thursday, June 11, 2009 10:49 By GSerrano

North Korea has been a confirmed impoverished nation, replete with malnourished citizens and dependence on international food aid. The country is also wracked with famines. Moreover, it has been known as a failing economy. So, how then can it afford all the nuclear weapons that it has been testing under its missiles and nuclear weapons [...]

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Donors pledge $5bn for Pakistan to fight Islamic extremism

Saturday, April 18, 2009 15:15 By GSerrano

The donor conference in Tokyo for Pakistan has concluded with commitments of over $5bn over the next two years. This is more than the expectation of the Japanese government which hosted the event along with the World Bank (WB). The massive amount is for ‘additional support’ to the social safety nets, human development, and anti-poverty [...]

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The Uncanny Business of Economic Growths

Wednesday, January 14, 2009 12:58 By GSerrano

In the records of the International Monetary Fund, World Bank, and CIA World Factbook, Canada places 9th while Brazil is at 10th ranking among the largest economies of the world. While Brazil has a GDP of $1.849 trillion and Canada has a GDP of $1.271 trillion, Brazil’s GNP is $715 billion as compared to Canada’s [...]

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